Business News & Financial News

Spanish economy 13th January 2026

Belgian Courts Seize €482 Million from Spanish State-Owned Enaire Over Unpaid Renewable Energy Awards

The Belgian justice system has ordered the seizure of €482.4 million linked to Eurocontrol payments destined for Enaire, the Spanish state-owned air navigation service provider. This measure serves as a mechanism to guarantee the collection of outstanding compensation owed to investors affected by retroactive cuts to renewable energy subsidies. The move follows legal actions taken by OperaFund, a fund that obtained a favorable ruling in 2019 from ICSID (the World…

In Europe 8th January 2026

Eurozone unemployment rate falls slightly to 6.3% in November

CdM | The unemployment rate fell slightly in November in the Eurozone, to 6.3%, one tenth below the previous month’s figure, but one tenth higher than the previous year’s figure, according to Eurostat, the statistical office of the European Union (EU). Across the EU, the unemployment rate stood at 6% in November, stable compared to October and higher than the 5.8% recorded in the same month in 2024. Compared to…

In the World 13th January 2026

Australia announces $1.185 billion investment to create Critical Strategic Minerals Reserve

Bankinter | The Australian Government has announced an investment of $1.185 billion to create a Critical Strategic Minerals Reserve. Initially included are antimony, gallium and rare earths for magnets, elements considered essential for high technology, clean technologies and advanced military hardware. They highlight the use of antimony for storage batteries, night vision equipment and high-performance fire-retardant materials; gallium for advanced semiconductors used in radar and telecommunications systems; and rare earths…

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

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